1. 2022 GMV of Chinese sellers on Amazon reached $20 billion
2. Tokopedia Announces Top 5 Fraud Prevention Tips in Indonesia
3. Shopify bets on B2B business, major types of merchants scrambling to enter
4. Latin America’s second largest market, eBay will bet heavily on Mexico this year
5. TikTok Shop UK will no longer support shipping from its own domestic warehouse
6. Lazada will close the “Carefree” guarantee service on April 1
7. Chinese e-commerce companies take the top three downloads of shopping apps in Spain
8. Spain’s e-commerce growth rate became the first in Europe
9. Switzerland tops Europe in online shopping return rate
10. Hunan introduced the first cross-border e-commerce special policy, giving special incentives
GMV of Chinese sellers on Amazon reaches $20.1 billion by 2022
Recently, eCommerceDB released a report on the share of Chinese sellers in global e-commerce platforms. The report shows that Chinese sellers are able to sell goods on Amazon, eBay and other e-commerce platforms directly to Europe and the US at extremely low prices. In terms of total merchandise transaction volume (GMV), the share of Chinese sellers on Amazon is climbing year by year.
In 2017, Chinese sellers had a GMV of $48 billion on Amazon, which is equivalent to 18% of Amazon’s total GMV. By 2022, Chinese sellers’ GMV reached $20.1 billion, or 26%. By 2023, Chinese sellers’ GMV is expected to reach $238 billion, accounting for 28% of Amazon’s total GMV.
Tokopedia Announces Top 5 Fraud Prevention Tips in Indonesia
In order to prevent online frauds such as = scams and parcel delivery scams committed through APK files, Tokopedia has published five major tips in Indonesia.
Users should keep in mind the following five tips to avoid online fraud:
1. do not directly click on the links or download APK files, if you have clicked or downloaded illegal APK files, you need to immediately restore the phone to factory settings;
2. reconfirm and report suspicious information and contact official channels for verification upon receipt of suspicious APK files;
3. activating security features and changing passwords regularly;
4. avoid trading outside the official platform;
5. Do not share personal data on social media.
Shopify bets on B2B business as major types of merchants scramble to enter
In addition to making D2C its core business, Shopify is looking to expand other businesses, and B2B is the main area Shopify is targeting.
Following the launch of various B2B tools and services, D2C sellers within the platform, as well as sellers on other platforms, are considering migrating their B2B businesses to Shopify. in January, Shopify opened up its infrastructure capabilities to major enterprise retailers, allowing them to use some of Shopify’s core features, such as payments. In February, Shopify announced a new set of APIs for B2B merchants. as of today, Shopify now offers many of the features that already come standard on other large B2Bs, and offers a better API for its apps to enable these features.
Latin America’s second largest market, eBay will bet heavily on Mexico this year
According to Insider Intelligence, global cross-border e-commerce sales will reach $2.1 trillion by 2023. Mexico will be one of the fastest growing emerging markets for e-commerce sales.
With the popularity of the Internet and the expansion of the online market, more and more Mexicans began to love “sea”. Currently, about two-thirds of Mexico’s online shoppers from cross-border sites. Data from Statista shows that by 2024, the size of the Mexican e-commerce market will reach $21.8 billion.
TikTok Shop UK will no longer support shipping from its own domestic warehouse
TikTok Shop announced that from April 15, it will update the warehouse mode and business requirements for UK products, no longer support merchants to ship from their own domestic warehouses, provide subsidies and logistics solutions for the platform’s domestic stocking warehouse products, and release the “Platform Domestic Stocking Warehouse Entry Guide” to guide merchants to enter. TikTok Shop will support three types of cross-border UK market commodities: commodities operated through the platform’s domestic stocking warehouse; commodities operated through the platform’s certified UK overseas warehouse or its own UK overseas warehouse; and jewelry and crystal commodities inspected by the QIC quality inspection center in the consolidation warehouse.
Lazada will close the “Carefree” guarantee service on April 1
Lazada issued a notice on the termination of the “Worry-free Insurance” service. According to the notice, Lazada will upgrade and iterate the “Worry-free Treasure” program in the value-added service for returned goods due to the expiration of the cooperation agreement and the optimization and enhancement of the overall reverse logistics program.
Orders generated from April 1, 2023 will no longer enjoy the “Carefree” protection service; orders generated before that are still covered, and sellers need to pay the corresponding service fees. Orders that enter the claims process will continue to be processed according to the current process. Sellers are advised to modify the return value-added service options in a timely manner so that the goods can be adapted to the overseas return program after April 1.
If the seller does not modify the option, the system will default to “local destruction”. Modification options and effective time: March 15-31 modification, the new program effective on the first day of the following month.
Chinese e-commerce companies take the top three downloads of shopping apps in Spain
Well-known third-party data agency data.ai has made public the ranking of e-commerce app downloads in Spain, with apps from China taking the top three. Among them, Ali’s two overseas businesses, Miravia and Sizzle, occupied the first and third places respectively, and SHEIN ranked second.
Spain’s e-commerce growth rate becomes the first in Europe
After maintaining steady growth for many years, Spain finally rushed to the first in Europe. Recently, according to data from the Spanish National Council of Markets and Competition, by the end of this year, Spain’s total sales in the e-commerce sector are expected to grow by 20 %，总销售额将达到653亿欧元，其中17% come from online sales. This growth rate is 11.7% year-on-year compared to €57.7 billion in 2021, which is undoubtedly a significant improvement and allows Spain to be tied with Italy as the fastest growing country in Europe for mobile e-commerce.
Switzerland tops Europe in online shopping return rate
Geopost, a parcel service provider, recently released the 2023 Online Consumer Barometer.
The report shows that the average online return rate in European markets is 14%, while Switzerland is almost twice the average, with its online return rate of 28%, making it the country with the highest online return rate in Europe in 2022. In addition to Switzerland, other European markets with high return rates include Belgium and the Netherlands, both of which have return rates over 20 %，分别为27% and 23 percent, %，分别为27%. The lowest return rate was in Portugal, at 6%. Fashion is the category with the most returns from Swiss consumers.
Hunan introduced the first cross-border e-commerce special policy, giving special incentives
The General Office of Hunan Provincial Government recently issued “Several Measures on Promoting the High-Quality Development of Cross-border E-Commerce” (hereinafter referred to as “Several Measures”). “For enterprises whose annual transaction volume of cross-border e-commerce reaches 100 million yuan and 1 billion yuan for the first time, they will be awarded up to 200,000 yuan and 1 million yuan respectively; for cross-border e-commerce industry leaders to set up new corporate (group) headquarters and functional headquarters in Hunan, they will be awarded up to 5 million yuan and 3 million yuan respectively for their enterprises in Hunan.”